Russian State Duma Chairman says cryptocurrency may become a daily tool for Russian residents

Anatoly Aksakov, Chairman of the Financial Markets Committee of the Russian State Duma, stated that a bill aimed at removing cryptocurrencies from the framework of "special financial regulation" has been prepared, and the State Duma will focus on discussing digital financial assets and cryptocurrencies during its spring session. The proposed bill stipulates that cryptocurrencies will no longer be subject to special regulation, and non professional investors can participate in the market, but the individual purchase amount shall not exceed 300000 rubles; Professional financial market participants are not subject to this restriction. Cryptocurrencies can also be used for international settlements and enter the financial markets of other countries after being issued in Russia.